The security situation of crypto assets in 2025 is concerning. According to the latest industry security report, last year’s losses from scams and frauds reached $17 billion, a figure that should serve as a warning to all participants.

What’s more noteworthy is that scam methods are evolving. Phishing frauds impersonating others and AI-generated false information have become mainstream criminal tactics, growing at a rate even faster than traditional hacking attacks. This means you might be more vulnerable to scams than you think—fraudsters are using increasingly realistic fake identities and AI-generated content to deceive people.

Especially, impersonation scams have seen a staggering year-over-year increase. These scams typically target newcomers to the market, establishing trust by impersonating well-known figures or project teams. Compared to them, traditional technical attacks still exist but are no longer the primary source of losses.

What does this data suggest for those involved in the crypto market? Staying vigilant is far more important than passive defense. Verifying information sources, being cautious of unfamiliar investment invitations, and avoiding clicking unknown links—these basic yet often overlooked habits could help you avoid becoming part of that $17 billion loss.